Incredible investment property in Kensington Brooklyn. The money maker building offers two commercial spaces and twelve residential units which is generating $295,800 yearly, cap rate @ 7% plus. It located at a very busy spot of McDonald Avenue and right next to Ditmas Avenue. The two commercial stores are vacant and one vacant apartment currently. This is a great potential mixed use building that you shouldn't miss out. Take a closer look.
9,096 Sq Ft
3,400 Sq Ft Lot Size
other
US$68,816 Annual Tax
Built in 1930
MLS/Listing ID 7551823
4 Stories
Poured Concrete
Flat
Heating - Oil
Hardwood
Construction - Brick
TOTAL MONTHLY COST
US$0
US$0
US$0